Your business has data everywhere, but it’s out of control. Your most significant business asset is your data and it needs to be controlled and managed effectively. Yet, you can’t do that on your own. The next big thing? Connecting your data and services through Machine-to-Machine (M2M) automation.
M2M is the technology that connects devices, systems or processes over a network without human intervention. It enables information sharing between machines without requiring manual input by an operator or user at any time during the process – it allows your systems to talk to each other automatically 24/7/365!
Your business has data everywhere, but it’s out of control
Data is your business’s most valuable asset, but it’s also everywhere. You can’t control it and you don’t know where it is. When you need the data for an analysis or a report, or to make sure that something works as expected, you have to search for it in various systems and databases.
This is where the problem starts: looking for data from your many different sources slows down your work and creates frustration when things don’t work as they should. If only there were a way to make all these systems talk to each other…
Your most significant business asset is your data
Data is the new oil. Data is the new gold. Data is the new currency. Data is the new frontier.
Data, in all its forms, has become your most significant business asset in today’s connected world—and it’s one that you can’t afford not to leverage as fully as possible if you want to stay competitive and relevant. This isn’t just wishful thinking; companies that fail to adopt a data-centric approach will find themselves falling behind their competitors who are actively pursuing this strategy right now!
The next big thing?
M2M is becoming a key component in the way we work, live and play. M2M, or machine-to-machine communication, is a big part of the Internet of Things (IoT). It will also be a major part of the Industrial Internet of Things (IIoT).
The IIoT is an extension of IoT that adds analytics and automation capabilities to existing industrial processes. As such, it’s already being used by organizations like Boeing and GE to improve efficiency across their business operations.
How do you get started with Machine-to-Machine?
- Make a plan.
- Define the problem.
- Identify the solution.
- Make a prototype.
- Test the prototype.
- Iterate and launch!
What applications and services can be connected?
You can connect data from a variety of sources, including:
- Applications and services on your computer or in the cloud
- Sensors and smart devices around your home or office
- Devices connected to the Internet of Things (IoT)
- Other mobile devices, whether they’re running an app or not
How much will it cost to use M2M?
You might think that M2M solutions cost a lot to implement. After all, they involve connecting two or more devices and communicating with each other. But in reality, the costs of implementing an M2M solution are quite low.
When it comes to data, there are many ways you can reduce your costs by using less data than you think you need. For example:
- Use analytics software instead of sending raw sensor data
- Implement intelligent algorithms that detect problems before they happen (i.e., machine learning)
- Make sure the right amount of information is sent at the right time
Choose the right partner.
You know your business best. But no one knows it better than you. And that makes choosing the right partner to connect your data and services a bit of a challenge.
So how do you know if you’ve found the right partner?
- Does their experience match yours?
- Do they have the expertise needed to meet your needs?
M2M is a critical component in automation and acceleration in your business
M2M is a critical component in automation and acceleration in your business.
The following are just some of the ways M2M can help you:
- Automate processes to save time and money.
- Accelerate processes to get a competitive edge on the market.
- Reduce costs by eliminating manual or labour-intensive tasks, such as data entry, inventory management or order fulfilment.
- Increase revenue by leveraging new customer segments and increasing customer satisfaction through personalized services or streamlined purchases (for example, ordering groceries through an app).
As we’ve seen, M2M has the potential to be a game-changer in many industries. It’s already being used in all kinds of ways, from remote monitoring equipment to smart devices and smart homes. The opportunities for businesses are endless, but it can be difficult for companies to get started with the technology when they don’t know where to begin or what exactly M2M is. This article has been designed specifically to provide an introduction both into how M2M works and how you can use it as part of your business strategy today!